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China now key part of MNCs' operations

China has become a crucial part of the global operations of many European multinational companies, with a majority of them reporting higher gross margins last year in the country than in other parts of the world, a new survey said on Tuesday.


Forecast finds consumer confidence back to luxury

Consumer confidence has returned to pre-COVID-19 levels in the luxury industry on the Chinese mainland, with digital channels and Generation Z consumers being the main driving forces, a new industry report said.


China has solid foundation for stable foreign trade growth: MOFCOM

China's imports and exports are expected to see steady expansion and improved quality this year, with the support of a series of favorable conditions, a report by the Ministry of Commerce (MOFCOM) showed.


China to continue providing better business environment for foreign enterprises

China will continue to provide a better business environment for foreign enterprises, including those from EU nations, according to a foreign ministry spokesperson Wednesday.


Henkel banking on strong demand in China in coming years

Henkel, the German industrial and consumer goods manufacturer, will continue to invest and support its partners in China in the coming years, as part of its efforts to bank on the country's strong demand from food packaging, home improvement to automotive and consumer electronics, said a senior executive.


World Bank: China's economy to grow at 8.5% following pent-up demand

China's economic growth is expected to accelerate to 8.5 percent this year, faster than projected in January, supported by buoyant exports and release of pent-up demand amid effective control of the COVID-19 outbreak, the World Bank said in a report on Tuesday.


Promotional campaign launched to highlight CIIE quality exhibits

A month-long promotional event featuring more than 300 varieties of goods from countries that have participated in the China International Import Expo (CIIE) kicked off in Shanghai on June 5.


China's foreign trade up 28.2% Jan-May

China's foreign trade amounted to 14.76 trillion yuan ($2.27 trillion) in the first five months of 2021, up 28.2 percent year-on-year, according to the General Administration of Customs.


China's economy improves, businesses back to normal: auditor general

China's economy improved and businesses gradually got back to normal in 2020 despite COVID-19 hits, Hou Kai, auditor general of the National Audit Office, said on Monday.